About Yen Kai

Yen Kai the spend-thrifter loves to eat, drink, travel and spend save money. He's always pondering on ideas to solve the little problems of everyday living (what to eat, where to go, what to buy, how to save money etc.) and shares them here on this blog.

Cashback on groceries

Groceries must be one of the main categories of expenditure for any household. Many people should be aware that some credit cards offer a 5% rebate on supermarket transactions, but there is now a better deal if you do groceries shopping online on Redmart.com (Singapore only). They are one of the merchants on the Shopback.sg cashback portal, offering a 10% rebate. If you make payment using a Bank of China Shop! card, you get another 5.5% rebate (awarded for all online payments). So that’s a whopping 15.5% discount on your groceries!

The only problem for me is having to spend $50 or more to get free delivery from Redmart, which is usually not achievable in my case, since my groceries purchase usually consists of fresh produce in small batches. What I resort to doing is to wait for Redmart.com to dangle the $10 discount that they offer to customers who hasn’t done a purchase from them for some time (it seems to be every 4 months). It’s easy to chalk up $50 of groceries spending when I get a 20% discount outright. If I were to calculate the combined discounts and cashback I get, I’m actually paying only $33.04 for $50.10 worth of groceries!

Disclaimer: this article expresses my personal opinion and i am not paid to represent any of the companies mentioned above (the same applies to all my articles).

Update: Shopback no longer offers rebates for redmart.com. I’m guessing that Redmart loses out more than it gains through the cashback advertising mechanism, so they pulled out.

Update 9/10/2015: Redmart is back on Shopback

Update 14/11/2015: Now even Fairprice Online is on Shopback, though it is practically useless, offering only cashback only for S$150 and above spend. Buying through Honestbee might be a better idea since you get 9% cashback on Shopback (not anymore).